In 2024, NMDC Energy completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
NMDC Energy has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 |
|---|---|---|
Total Scope 1 | 370,244.73a | 164,139a |
Total Scope 2 | ||
Market-Based | 22,738.55a | 32,998a |
Location-Based | 22,738.55a | 32,998a |
Total Scope 3 | 819,459.28a | 658,903a |
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In 2024, the total operational greenhouse gas (GHG) emissions of NMDC Energy amounted to 392,983.28 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of NMDC Energy increased by 99.35%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of NMDC Energy were 370,244.73 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), NMDC Energy's Scope 1 emissions increased by 125.57%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, NMDC Energy reported Scope 2 greenhouse gas (GHG) emissions of 22,738.55 tCO₂e using the market-based method and 22,738.55 tCO₂e using the location-based method.a
Compared to the previous year (2023), NMDC Energy's Scope 2 emissions (Location-Based) fell by 31.09% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, NMDC Energy reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, NMDC Energy reported 819,459.28 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of NMDC Energy includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, down from 7 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
In 2024, NMDC Energy reported total Scope 3 emissions of 819,459.28 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), NMDC Energy's Scope 3 emissions increased by 24.37%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, NMDC Energy reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to NMDC Energy's Scope 3 emissions were:a
In 2024, NMDC Energy reported a total carbon footprint of 1,212,442.56 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 41.63% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to NMDC Energy's total carbon footprint was Scope 3 emissions, accounting for 67.59% of the company's total carbon footprint, followed by Scope 1 emissions at 30.54%.a